2022 Financial Year Trade Volumes

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NZX AND MEDIA RELEASE
12 October 2022
Napier Port 2022 financial year trade volumes
Napier Port (NZX.NPH) today releases trade volume data for the fourth quarter and financial year ended
30 September 2022.
Napier Port Chief Executive Todd Dawson said: “We are satisfied with the financial year total cargo
volume of 5.47 million tonnes, considering the challenging operating environment for our cargo
customers. This represents our second highest total volume result after the record volume of the prior
year.”
Compared to 2021, fourth quarter containerised cargo volume decreased by 0.6% and bulk cargo
volume decreased by 11.5%. For the financial year ended 30 September 2022, containerised cargo
volume decreased by 7.9% and bulk cargo volume decreased by 7.6%.
“Trade volumes were impacted by a range of factors in the first half of the financial year, and we are
pleased to see that the trend we saw in the third quarter has continued into the fourth quarter, with volumes
recovering in line with the prior year,” said Mr Dawson.
Containerised shipping conditions have remained disrupted with missed or delayed vessels and larger
exchanges of cargo across fewer vessel calls.
Log export volumes for the quarter remained firm at 0.75 million tonnes but are slightly down on the
prior year comparative period.
Bulk cargo total tonnes reduced in the quarter, as less fertiliser and oil products were imported, with
volumes in line with historical levels but less than the record quarter seen for these during the prior year
comparative period.
Container Services
Total container volumes for the fourth quarter decreased 0.6% to 60k TEU
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from 61k TEU in the same
period a year ago, due to lower imports and refrigerated exports partially offset by higher other container
movements.
Total annual container volumes decreased 7.9% to 254k TEU from 276k TEU in the prior year. Full
container volumes decreased 9.2%, and empty and other container movements decreased 6.1%.
Containerised exports for the year of 118k TEU decreased 9k TEU from 127k TEU in the prior year. Dry
exports decreased 6% to 63k TEU from 67k TEU in the prior year mainly due to lower timber and general
cargo volumes. Reefer exports decreased 16% to 48k TEU from 57k TEU due to lower apple and pears,
meat and other chilled exports.
Containerised imports decreased by 10.5% to 118k TEU from 132k TEU in the prior year, primarily due
to fewer import empty containers required for export cargo.
Other container movements for the year increased 6.9% to 18k TEU due to increased DLR movements.

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Twenty-foot container equivalent unit.

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Container vessel calls for the year were down to 203 from 242 calls last year.
Bulk Cargo
Total bulk cargo volume decreased 117k tonnes, or 11.5%, for the fourth quarter to 0.95 million tonnes,
and 7.6% for the year to 3.65 million tonnes, compared to the same periods a year ago.
Log export volumes decreased by 2.6% to 0.75 million tonnes for the fourth quarter and by 5.8% to 2.8
million tonnes for the year. Firm export log volumes were maintained in the quarter and export conditions
remained largely consistent with the first nine months of the financial year.
Bulk cargo imports during the quarter were 82k tonnes lower as less fertiliser and oil products were
imported during the quarter compared to the same period a year ago.
Charter vessel calls for the quarter reduced to 74 from 87 in the prior year comparative period and
decreased to 310 from 343 for the full financial year due to the lower bulk volumes and larger average
vessel load sizes for log charters.
Cruise Services
One domestic cruise vessel called during the year. As previously noted, cruise vessel calls are expected
to resume during October 2022.

Napier Port notes that it intends to release its financial results for the year to September 2022 on the
morning of Wednesday 16 November 2022. Further information, including pre-registration details, will be
released to the NZX in the upcoming period.
ENDS
For more information:

Investors Media
Kristen Lie Jo-Ann Young
Chief Financial Officer Corporate Affairs Manager
DDI: +64 6 833 4405 DDI: +64 6 833 4521
E: kristenl@napierport.co.nz E: jo-anny@napierport.co.nz


About Napier Port
Napier Port is New Zealand’s fourth largest port by container volume. We are the gateway for Hawke’s Bay and
lower North Island’s exports and operate a long-term regional infrastructure asset that supports the regional
economy. Our strategic purpose is to collaborate with the people and organisations that have a stake in helping
our region grow. View Napier Port’s investor centre: www.napierport.co.nz/investor-centre/

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Napier Port 2022 Trade Volume Data
The below trade volume data provides a summary of fourth quarter and year ended 30 September 2022
results compared to the prior period.
Container Services
TEU (000s)^
Q4
FY2022
Actual
Q4
FY2021
Actual
FY2022
Actual
FY2021
Actual
Exports



Wood pulp & timber 12 11 45 48

Canned food / other food & beverage 2 2 8 8

Other dry 2 3 9 11

Total dry 16 16 63 67


Apples & pears 5 6 21 25

Meat 3 4 15 18

Fresh & other chilled produce 1 2 12 13

Total reefer 10 12 48 57


Empty 2 1 8 4

Total exports 28 29 118 127

Imports



Dry 6 8 29 30

Reefer 1 1 4 4

Empty 18 20 86 98

Total imports 26 29 118 132


Other container movements (‘DLRs
and Tranships’)
7 3 18 17

Total Container Services volume 60 61 254 276

Vessels



Container ship calls 47 51 203 242

^Rounded to nearest thousand TEU


Bulk Cargo
Kilotonnes
Q4
FY2022
Actual
Q4
FY2021
Actual
FY2022
Actual
FY2021
Actual

Log exports 754 775 2,844 3,019

Other exports 37 51 172 195

Imports 155 238 634 737

Total Bulk Cargo volume 947 1,064 3,650 3,950

Vessels

Charter vessel calls 74 87 310 343

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Cruise Services

Q4
FY2022
Actual
Q4
FY2021
Actual
FY2022
Actual
FY2021
Actual
Vessels



Cruise vessel calls - - 1 -